When a loved one passes away, their families typically face the complicated process of distributing the assets they leave behind. This court-supervised procedure, probate, is crucial in ensuring a fair and orderly transfer of properties. But it can also be emotionally...
Probate
If you just created a trust, don’t forget to fund it
Many people in the Tampa area will decide to create a revocable living trust in oder to protect their property for themselves and their heirs. While they do involve some upfront costs, revocable living trusts have a lot of important benefits. One selling point is that...
Spouses given preference as personal representatives
Personal representatives assume a significant time-consuming responsibility when they manage an estate. Whether they are appointed by the court or named in a will, personal representatives settle issues ranging from creditor notification and filing tax returns to...
Understanding probate after a person is gone
Losing a loved one can be extremely sad and trying time. When it comes to the person’s estate and asset distribution, you want the process to go smoothly so you can focus on your grieving. If your loved one’s estate goes into probate, which is often complicated, it...
Why knowing about the fiduciary duty is important
Estate plans are meant to give clear guidance as to how assets are to be distributed upon death. While many estate plans are very clear and there is little dispute as to their validity, issues can still arise during the administration of the estate. For example,...
Who is an interested party in probate?
Those who are involved in a will contest in a Florida court may want to know exactly who is allowed to participate. State law draws a line in saying that not everyone has the ability to be a part of the process. Specifically, one must be an interested party in order...
Who is an interested party in probate?
Those who are involved in a will contest in a Florida court may want to know exactly who is allowed to participate. State law draws a line in saying that not everyone has the ability to be a part of the process. Specifically, one must be an interested party in order...
